Ahmedabad Times

Oyo’s mother or father firm Prism Lodges and Resorts has cleared a key regulatory hurdle after receiving approval from capital markets regulator Sebi for its long-awaited IPO, marking a major step in considered one of India’s most carefully watched startup listings. The approval permits the hospitality agency, which owns the finances lodge chain Oyoto transfer forward with plans for a public concern estimated at Rs 6,650 crore, based on folks aware of the event.

The Sebi nod comes after a number of earlier makes an attempt by the corporate to faucet capital markets, together with a high-profile submitting in 2021 that was later withdrawn amid altering market circumstances and inner restructuring. This time, the itemizing effort is being pursued underneath the rebranded mother or father entity Prism, reflecting a broader try and reposition the enterprise after years of volatility in valuations and technique shifts.

In response to stories, the IPO is predicted to consist primarily of a recent concern of fairness shares, with the corporate concentrating on a valuation within the vary of $7–8 billion. The funds raised are anticipated to strengthen the steadiness sheet, help enlargement in key home and worldwide markets, and assist the corporate proceed its push towards profitability within the aggressive journey and hospitality sector.

The approval can also be being seen as a sign of renewed investor curiosity in technology-led hospitality platforms, particularly as Prism has reported enhancing monetary efficiency in current quarters, together with a return to profitability and stronger operational metrics.

Market observers say the itemizing will probably be carefully tracked as a check of investor urge for food for new-age shopper web corporations in India after a subdued IPO surroundings in recent times.

The corporate is now anticipated to finalise timing, pricing particulars, and up to date draft paperwork earlier than continuing to market launch, relying on broader market circumstances and regulatory finalisation steps.
If profitable, the IPO would mark some of the important public market debuts in India’s startup ecosystem in 2026.